324 Learmonth Street, Buninyong, VIC 3357 | Commercial for sale | OnTheHouse
 
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324 Learmonth Street
Buninyong VIC 3357

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 80m2
Land area: 80m2
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Rare Heritage Freehold Opportunity in the Heart of Buninyong

Ray White Commercial Ballarat is proud to present 324 Learmonth Street, Buninyong, a landmark commercial freehold steeped in history and occupying a premier position in Buninyong's vibrant township center. Known historically as the home of "The Old Bluestone Cafe," this highly atmospheric property offers an incredible opportunity to either purchase the freehold outright or secure a long-term lease in a tightly held regional commercial hub.
The building provides a character-filled 80m2* internal footprint. Featuring stunning exposed bluestone walls and classic period architecture, this space is ideal for a bespoke cafe, boutique retail shop, professional cellar door, or unique consulting rooms (STCA).
Strategic Location & Community Synergy:
• Premium Street Frontage: Positions your business directly on Learmonth Street, benefiting from heavy local foot traffic and significant tourist exposure.
• Commercial 1 Zone (C1Z): Capitalize on the most flexible retail/commercial zoning, suitable for food and beverage, retail storefronts, or medical/professional suites (STCA).
• Central Township Hub: Situated directly amidst Buninyong's core business precinct, just moments from Foodworks, the Midland Highway transit corridor, and the beautiful Buninyong Recreation Park.
Key Property Features:
• Character Main Shop Area: A magnificent main retail/dining space highlighted by authentic exposed bluestone walls, a large overhead skylight, a rustic timber counter setup, and high timber-lined ceilings.
• Dedicated Commercial Kitchen: Positioned at the rear of the layout, complete with dual-sink washing stations and direct access to amenities.
• Customer & Staff Amenities: Includes dual separate toilet amenities directly integrated into the building floorplan.
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Property Details for 324 Learmonth St, Buninyong

Building Type
Commercial
Floor Size
80m2
Land Size
80m2
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About Buninyong 3357

The size of Buninyong is approximately 26.0 square kilometres. There are 15 parks, covering nearly 3.6% of the total area. The population of Buninyong in 2016 was 3714 people. By 2021 the population was 3797 showing a population growth of 2.2% in the area during that time. The predominant age group in Buninyong is 10-19 years. Households in Buninyong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Buninyong work in a professional occupation.In 2021, 85.00% of the homes in Buninyong were owner-occupied compared with 82.90% in 2016.

Buninyong has 1,865 properties. Over the last 5 years, Houses in Buninyong have seen a 22.41% increase in median value, while Units have seen a -1.31% decrease. As at 31 July 2026:

  • The median value for Houses in Buninyong is $840,022 while the median value for Units is $388,854.
  • Houses have a median rent of $450 while Units have a median rent of $370.
There are currently 24 properties listed for sale, and 1 property listed for rent in Buninyong on OnTheHouse. According to Cotality's data, 73 properties were sold in the past 12 months in Buninyong.

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